Dogecoin Cracks Key Barrier, Ten-Cent Dream Within Reach

Dogecoin has regained momentum and is nearing its psychologically important $0.10 level after a sharp recovery pushed its price above the key technical barrier at the 200-day moving average.

The cryptocurrency saw a surge on Saturday, rising from a low of $0.084 to $0.095 as buyers returned to the market. This rise builds on the current recovery from a low of $0.08 on September 2.

A previous attempt on September 3 to breach the daily MA 200 was unsuccessful, but Saturday's rise took Dogecoin effortlessly above it as price neared $0.1, reaching $0.095.